Rising Composites Index points to slowing contraction in business conditions

Broad-based increase in Index components suggest an industry is slowing its decline.

Composites Index reading remains unchanged from May

June’s readings remain the same as quickening supplier deliveries offset improvement in new orders and production.


Composite Index reports slowing decline in business conditions since COVID-19

Registering at 42.3 in May, the Composites Index signals decelerating contraction and improved component readings. 

Composites Index contracts faster in second month of COVID-19 lockdown

April 2020 – 35.1


Composites Index contracts as COVID-19 disrupts economy

March 2020 Index falls to historic low as domestic and foreign orders activity weakens.

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Composites Index contracts on weak backlogs

For February 2020, the Composites Index contracted slightly with a reading of 49.7.


Composites Index expands for first time since June

The Composites Index for January 2020 was 54.3, indicating strong expansion in all categories but exports.


Composites Index ends year on production boost

The Composites Index closed 2019 with a December reading of 49.2.


Composites Index improves on employment, new orders

The Composites Index moved higher in November with a reading of 49.4.


Composites Index contracts on weak exports

The Composites Index experienced further contraction in business activity in October, with a reading of 48.3, led by steep contraction in export orders. 


Composites Index contracts for third month

The Composites Index experienced its third month of contracting activity in September, registering 47.3.


Composites Index contraction slowed in August

The Index indicated expansionary readings in production, supplier deliveries and exports, but was pulled lower by employment, new orders and backlogs.   


Composites Index contracts on a surprise 5-point decline

Steep contraction in both production and new orders pulled the Composites Fabricating Index to 47.4 for July 2019.


Employment activity leads expansion in business activity

The Composites Fabricating Index for June 2019 came in at 52.7, continuing its stretch of more than 30 months of expanding activity.


Index activity expands, led by production

The Composites Fabricating Index for May 2019 came in at 53.3, led higher by production activity.

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Index rises on surging new orders activity

The Composites Business Index moved higher in April 2019 due to strong acceleration in new orders activity.


Index shows modest expansion on production and supplier delivery activity

The Composites Business Index moved lower in March as backlogs contracted, resulting from slowing of the previous month’s new orders growth and increased production activity.


Index sees gradual start to 2019 on slow new orders growth

The Composites Business Index moved lower in the first month of 2019, with slowed growth in new orders.


Index moves higher as five of six indicators report expansion

The GBI: Composites Fabricating Index registers a 55.1 reading for December 2018, pulled higher by supplier deliveries, production, new orders and employment.


Index expands on supplier deliveries and improved exports

The GBI: Composites Fabricating Index registers a 55.0 reading for November 2018, pulled higher by supplier deliveries and exports.


Composites Index extends strong expansion trend

The GBI: Composites Fabricating Index continued its expansion trend with a 56.6 reading for October.


Composites Index Expands into Rarely Seen Territory

The GBI: Composites Fabricating Index expanded to a 58.4 reading in September.


Composites Index breaks out of slowing growth trend

The GBI: Composites Fabricating index broke out of its three-month trend of slowing growth, increasing to 57.7 in August.


Composites Index trends lower yet still in growth mode

The GBI: Composites Fabricating Index registered 56.6 in July, indicating that he US composites industry was experiencing modestly slower growth as compared to the first quarter of 2018.

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